FX.co ★ Trading plan for the US session on June 19 GBP / USD

To open long positions for GBP / USD, you need:

Buyers are trying to stop the pound falling in the morning support level of 1.3146, which I recommended paying attention to. In the absence of volume and a quick rebound of the pound up from this area, new long positions are best considered after testing the next lows around 1.3104 and 1.3077. The main task of buyers for the second half of the day will be a return to the resistance of 1.3188.

To open short positions for GBP / USD, you need:

While trading is below 1.3188, the pressure on the pound will be maintained, which will bring GBP / USD to the next monthly lows around 1.3146 and 1.3104, where I recommend fixing the profits. In the case of growth above 1.3188 in the afternoon, you can sell the pound immediately for a rebound of 1.3225.

Description of indicators

MA (average sliding) 50 days - yellow

MA (average sliding) 30 days - green

MACD: fast EMA 12, slow EMA 26, SMA

Bollinger Bands 20